The gold market has been so frustrating of late that even some contrarians are throwing in the towel.
After hitting a bull market high last September at over $1,900 an ounce, gold bullion fell more than 15% through the end of the year. Over the first two months of this year it rallied strongly, rising to around $1,800, but thereafter faltered â?? and trades today at more or less where it stood at its late-December low.
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